Money manager John Hancock Funds will merge its Pacific Basin fund into its International fund this fall, Reuters reports. The tiny Basin fund, with only $20 million in assets, is not attracting sufficient investor interest to let it stand on its own, Hancock said.

Liz Kennedy, a spokeswoman for the firm, told Reuters that at such a low asset level, the fund was no longer cost effective. She added that Hancock periodically reviews all of its funds, and makes necessary changes based on observations.

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